Distributed Non Fungible Tokens (DNFT)

dNFTs is an open source free standard that provides distributed ownership of NFTs in real life applications on EOS blockchain. It offers utility to various industries that require ownership in the form of distributed rights.

Why choose dNFT for building your applications

authentic

Authentic

marketplace

Real World Market Place

distributed

Distributed

How dNFT is different from other standards

S.No NFT SFT dNFT
1 Non fungible tokens are unique tokens and indivisible in nature representing unique assets. Semi fungible tokens are to issue a run or batch of items that are for all intents and purposes the same. Distributed Non Fungible Tokens allow distributed ownership of NFT representing digital assets that can have multiple stakeholders.
2 Use cases include scarce physical properties like artwork, cryptokitties etc. owned by a single owner. Use cases include physical items that are 1 of n with a serial number or slightly different metadata like concert tickets, 3D game assets etc. owned by single owner. Use cases allow partial ownership in the form of real percentage, say x% ownership of NFT like e-books, songs, videos etc. allowing multiple ownership.
3 The most popular standard for such tokens is ERC-721. The most popular standard for such tokens is dgoods on EOS blockchain and ERC-1155. DNFT standard focuses on this use case issuing 100 PERs (stable coins) against any particular NFT item like Video-A.

dNFT Concept

authentic

Authentic

All the NFTs coming in the system are validated and authenticated. Only real valued NFTs are allowed to enter the market for sale.

marketplace

Marketplace

The marketplace for various categories at one single place with differentiable entity of each market.

ownership

Decentralized & transparent ownership

No need to trust any centralized institution to keep a safe record of the ownership of your assets, thus providing you the immutable, transparent and decentralized solution.

Leading adopter of dNFT

Zeptagram

Zeptagram, the intellectual property rights trading platform powered by blockchain. They have created a marketplace for music rights via their platform. It shall be an awesome opportunity for anyone to list and earn from their music.

Industries dNFT will disrupt

music

Music

Videography

Videography

Photography

Photography

Real Estate

Real Estate

Ebooks

Ebooks

Research Works

Research Works

Sharing Platform

Sharing Platform

Gaming

Gaming Industry

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Functioning of dNFT

Every creation of NFT by owner needs to be verified by trusted validators in the real-world. They need to choose 1 validator from trusted validators list and one is chosen by contract randomly. They encrypt their unique information (e-mail, name, phone etc.) using chosen validator’s key and sign the json document. The hash is shared on blockchain and once both validators verify the creation, it is alive for buying, selling and transferring functions.

Join the dNFT discussion

dNFT covered in podcast


Project Roadmap

August 2019

PROTOTYPING
Contract prototyping & the business logic

December 2019

MARKETING & OPEN SOURCE CODE
Community response, prototype dApp and the ecosystem. Scaling the solution.

March 2020

Development of mobile application and internal testing on EOS testnet

June 2020

SOFT LAUNCH TO EARLY ADOPTERS AND MARKETING
Start industry collaborations with early partners, launch Beta v1.0 on testnet.

July 2020

Officially launch the project on EOS mainnet.

Frequently asked Questions


1 What is the Scope of dNFT?

dNFT has a broad scope in terms of realisatiion of decentralised marketplace where ownership & the rights of NFTs can be distributed, tracked and monetised.

2 How long dNFT Project continues?

This is an open source project. The team believes it can be completely tested by November, 2020.

3 Why dNFT over others?

It is simply because of the use case one requires. If NFT requires distributed ownership and provable authenticity, dNFT is the right choice.

4 Does your platform supports wire privacy?

Our mission has always been to protect people’s digital privacy in any form and offer authenticity at the same time. Keeping it permissionless, decentralised, authentic and secure has been our primary goal.

Read Our Latest dNFT Blogs

Distributed Ownership

dNFTs : Distributed Ownership of NFTs on EOS

We are going to discuss the standard of how can we develop the smart contract in EOS that can have partial ownerships for various unique assets with hierarchical...

Protect IP rights

Future of fractional ownership: Rise of dNFTs

All the things that we own in the real world, be it be house, music, photography, research work, gaming or sharing, we know that multiple stakeholders exists...

Our Awards And Recognitions

Awards and Recognition
Awards and Recognition
Awards and Recognition

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